Sabar Flex India IPO subscription is to open on Sep 08, 2022 and will close on Sep 13, 2022, the price band of the Sabar Flex India IPO is fixed at ₹ 11. Sabar Flex is in the business of packaging products made from plastics which caters to the packaging requirements of various industries
- About Sabar Flex India
- Objects of the Issue
- Sabar Flex India Limited Financials:
- Sabar Flex India IPO Details
- Sabar Flex IPO GMP
- Sabar Flex India IPO DRHP & RHP
- Sabar Flex India IPO Lot Size
- Sabar Flex India IPO Lead Managers
- Sabar Flex India IPO Registrar
- Sabar Flex India IPO Allotment Date, Listing Date and other Important Dates
- Company Registered Office
- Company Promoters
- Sabar Flex India IPO – FAQS
About Sabar Flex India
The company is in the business of packaging products made from plastics which caters to the packaging requirements of various industries. Most of the company’s existing products are industrial in nature. Overall, the company supplies total 3 different products, that is, Multilayer films, Printed laminates, and flexible packaging products (pouches and bags). Printed laminates and flexible packaging products are part of Multilayer film only which are later on cut as per requirement of customer. Since, flexible packaging material predominantly consists of plastic as a major raw material, we aim to manufacture our products sustainably by aiming towards “Reuse, Recycle and Upcycle”.
Objects of the Issue
- Funding the working capital requirements of the company
- General Corporate Purposes
Sabar Flex India Limited Financials:
Summary of financial Information (Restated Consolidated Statement)
| Particulars | For the year ended (₹ in lakh) | ||
|---|---|---|---|
| 31-Mar-22 | 31-Mar-21 | 31-Mar-20 | |
| Total Assets | 5,187.24 | 5,162.08 | 4,090.92 |
| Total income | 7,237.01 | 7,397.88 | 6,364.32 |
| Total Expenses | 7,070.38 | 7,208.83 | 6,242.80 |
| Profit After Tax | 174.28 | 139.84 | 89.80 |
Sabar Flex India IPO Details
| Description | IPO Details |
|---|---|
| Public Issue | Initial Public Issue of upto 40,70,000 Equity Shares of ₹ 10 (aggregating up to ₹ 447.70 lakhs) |
| Issue Open Date | 08-Sep-22 |
| Issue Close Date | 13-Sep-22 |
| Issue Type | Fixed Price |
| IPO Price Band | ₹ 11 |
| Face Value | ₹ 10 |
| Market Lot | 10000 Equity Shares and in multiples thereof |
| Minimum Order Quantity | 10000 Equity Shares |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| Listing | NSE SME |
| NSE Symbol | SABAR |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
Sabar Flex IPO GMP
Sabar Flex IPO GMP is ₹ – as of 7th Sep 2022
Sabar Flex India IPO DRHP & RHP
Sabar Flex India IPO Lot Size
| Application | Lots | No of Shares | Amount (Rs) |
| Minimum | 1 | 10000 | ₹ 1,10,000 |
| Maximum | 1 | 10000 | ₹ 1,10,000 |
Sabar Flex India IPO Lead Managers
- GYR Capital Advisors Private Limited
Sabar Flex India IPO Registrar
- Bigshare Services Private Limited
Sabar Flex India IPO Allotment Date, Listing Date and other Important Dates
| Details | Date |
|---|---|
| Bid / Offer Opens on | 08-Sep-22 |
| Bid / Offer Closes on | 13-Sep-22 |
| Finalisation of Basis of Allotment | 16-Sep-22 |
| Initiation of refunds | 19-Sep-22 |
| Credit of the Equity Shares | 20-Sep-22 |
| Listing Date | 21-Sep-22 |
Company Registered Office
B/1/104, Palledium, Nr.
Orchid Wood Opp. Divya Bhaskar,
Corporate Road, Prahladnagar
Ahmedabad- 380015,
Gujarat, India
Website: www.sabarflex.com
Company Promoters
- Mr. HikmatBahadur KrishnaBahadur Kunwar
Sabar Flex India IPO – FAQS
What is the Sabar Flex India IPO Price?
The Sabar Flex India IPO price band is 11 per share
When Sabar Flex India IPO will open?
The Sabar Flex India IPO opens on Sep 08, 2022 and closes on Sep 13, 2022
What is the lot size of Sabar Flex India IPO?
The Sabar Flex India IPO lot size is 10000 Equity Shares and the minimum order quantity is 10000 Equity Shares
Who is the Registrar for Sabar Flex India IPO?
The Registrar for Sabar Flex India IPO is Bigshare Services Private Limited
How to apply in Sabar Flex India IPO through UPI?
Check the step by step process here – Click here
How to apply in Sabar Flex India IPO through Zerodha?
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